Challenger, a U.S. jobs data company, reports that employers have announced 397,755 job cuts so far this year, a 43% decrease from the 696,309 announced in the first five months of 2025—when federal government layoffs pushed the total to a record hig

2026-06-04

Challenger, a U.S. jobs data company, reports that employers have announced 397,755 job cuts so far this year, a 43% decrease from the 696,309 announced in the first five months of 2025—when federal government layoffs pushed the total to a record high. Excluding this disruptive factor, the number of layoffs in 2026 is roughly the same as in 2024.